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Sheldon Silver is accused of funneling public money to an asbestos disease researcher in exchange for referrals of patients to his colleagues at personal injury law firm Weitz & Luxenberg PC. (Credit: AP)

'Stressed Out' Juror Wants Out Of Sheldon Silver Graft Trial

A juror in the corruption trial of former New York State Assembly Speaker Sheldon Silver asked to be excused from the panel shortly after deliberations began Tuesday, citing her discomfort and stress stemming from her "different opinion/view" of the case.

  • Ex-Hospital CFO, Docs Guilty In $580M Referral Billing Scheme

    Four people, including the former chief financial officer for a Long Beach, California, hospital at the center of a health care fraud and kickback scheme, have reached plea agreements admitting to being involved in the nearly $600 million billing scheme over spinal surgeries, federal prosecutors announced Tuesday.

  • L-3 Inks $26M FCA Deal Over Allegedly Shoddy Gun Sights

    L-3 said Tuesday it would pay $25.6 million to settle the government’s False Claims Act suit over EOTech weapons sights sold to the military and law enforcement that the defense contractor allegedly knew were thrown off by extreme temperatures.

  • LabMD Sues 3 FTC Lawyers Over Data Security Case

    Fresh off a decisive victory over the Federal Trade Commission’s suit accusing it of failing to protect customers’ data, LabMD Inc. said in Washington federal court on Friday that three agency attorneys behind the case destroyed its business by illegally and unethically prosecuting the company based on bogus evidence.

  • CFTC Proposes New Automated Trading Rules

    The U.S. Commodity Futures Trading Commission on Tuesday unveiled plans to regulate automated trading on the futures markets, proposing new controls and registration requirements that it says should curb the risks that computerized trading poses to the financial system.

  • Burleson To Close Entire Firm At The End Of The Year

    Citing a downturn in revenues due to decreasing oil prices, Houston-based energy firm Burleson LLP will close all five of its offices by the end of the year, managing partner Richard Burleson confirmed Monday, saying that nearly 60 attorneys remain as the firm begins winding down.

  • Smokers Seek $600M In Marlboro Lights False Ad Trial

    A class of nearly 200,000 Massachusetts smokers on Monday urged a state judge to award it more than $600 million in its suit alleging Philip Morris USA Inc. falsely advertised Marlboro Lights cigarettes delivered less tar and nicotine to users, saying that the product was a ploy to lure smokers who feared that smoking was unhealthy.